Uzbek Uzpromstroybank increases assets by over 15%
Tashkent, Uzbekistan, Apr. 6
By Demir Azizov- Trend:
Uzbek industrial-construction bank (Uzpromstroybank) Joint Stock Commercial Bank (JSCB) has increased its assets, calculated according to national accounting standards, by 15.1 percent during the first quarter of 2015, or up to 7.855 billion soums compared to the same period in 2014, the bank's management told Trend Apr.6.
The official exchange rate on April 6 is 2490.20 soums / $1.
Uzpromstroybank ranks third in the banking system of Uzbekistan on the size of key financial indicators.
From the beginning of 2015, the credit portfolio of the bank increased by 1 percent - up to 6.231 trillion soums, the total capital increased by 3 percent - up to 751.4 billion soums (given the share capital in the amount of 614.8 billion soums formed as of early April).
Uzpromstroybank was founded in 1922 and was reregistered in 1991. The bank is aimed at lending to the enterprises of the strategic industries. The bank has 45 branches, 176 savings banks, 65 mini-banks located in all regions of the country, as well as a representative office in Moscow.
The shares of the Uzpromstroybank are owned by over 35,000 shareholders, including some 31,500 physical entities and 3,600 legal entities. The largest shareholders of the bank are the Ministry of Finance and Uzbekistan's Fund for Reconstruction and Development.